Independent Wealth Network Inc. Raises Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Independent Wealth Network Inc. increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,658 shares of the communications equipment provider’s stock after acquiring an additional 100 shares during the period. Independent Wealth Network Inc.’s holdings in Motorola Solutions were worth $1,229,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tradition Wealth Management LLC grew its holdings in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after buying an additional 21 shares during the last quarter. Fidelis Capital Partners LLC grew its holdings in Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after buying an additional 22 shares during the last quarter. Omnia Family Wealth LLC grew its holdings in Motorola Solutions by 2.2% during the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after buying an additional 25 shares during the last quarter. Harbour Investments Inc. grew its holdings in Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after buying an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd grew its holdings in Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after buying an additional 26 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $471.90 on Thursday. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The stock has a market cap of $78.86 billion, a price-to-earnings ratio of 51.69, a PEG ratio of 3.44 and a beta of 1.01. The stock’s 50 day moving average price is $475.98 and its 200 day moving average price is $449.52. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MSI shares. Morgan Stanley increased their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.